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LG Electronics India Shares Soar 50% on Market Debut After Record-Setting IPO Frenzy

LG Electronics India Ltd. made a sensational debut on Indian stock exchanges Tuesday, with its shares skyrocketing 50% above the issue price, following one of the most successful initial public offerings (IPOs) in the country’s history. The IPO, which drew record-breaking investor interest, underscored the growing appetite for high-quality consumer electronics plays in India’s booming […]

Foxconn Reports 31.6% Jump in January Revenue, Predicts Strong Q1 Growth

Foxconn, the world’s largest contract electronics manufacturer, has reported a 31.6% year-on-year increase in January revenue, driven by robust demand for consumer electronics and components. The company, a key supplier to tech giants like Apple, posted revenue of 20.5billionforthemonth,upfrom20.5billionforthemonth,upfrom15.6 billion in January 2024. The strong performance is attributed to the successful launch of new products and […]